4 ms·
what does airdrop mean in this context?
by make3 9y ago
what does airdrop mean in this context?
- ngan 9y agoYou get tokens deposited to your address, free. It's one of the cool things about cryptocurrencies, people can just give you random monies without your approval.
- nivertech 9y agoif the airdropped token is a security token, then it's illegal. And since this a gray/developing area every token has a high chance of being classified as a security token. This also may result in unwanted tax and other liabilities on the receiver's side. It's a flaw in Push payments design. Either receiver need to confirm tx or use a design based on Pull payments.
- huangc10 9y agoFor cryptocurrency context, it means to deposit tokens into the Ethereum address for free.